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Brand Group Deckers2013 Gross Profit Forecast Year-On-Year Increase Of 3.5%

2013/9/3 20:59:00 13

recently, Deckers outdoor company (NASDAQ listed companies), which owns Teva, UGG and other brands, released the 2013 report. Data show that as of June 30, 2013, Deckers achieved net sales of about $433 million 900 thousand in the first half of 2013, compared with $420 million 700 thousand in the same period last year, an increase of about 3.1 percentage points, and gross profit of $193 million 400 thousand, which is 3.5 percentage points higher than that of the same period last year. Diluted Deckers earned $0.82 per share. However, as the second quarter was slightly lower than the same period last year, the overall income rate in the first half of the year has been lowered. 
In the two quarter of June 30, 2013, net sales of Deckers fell 2.5% to $170 million 100 thousand, compared with $174 million 400 thousand in the same period last year. P Among them, Ugg brand sales fell 6.9% to 100 million 400 thousand US dollars, compared to 107 million 900 thousand US dollars in the same period last year; Teva net sales fell 8.4% to 31 million 200 thousand US dollars, compared to 34 million 100 thousand US dollars in the same period last year; Sanuk sales increased 7.5% to 30 million 100 thousand dollars, compared with 28 million US dollars in the same period last year. The gross profit margin of Deckers fell 110 basis points to 41.1% in the two quarter, compared with 42.2% in the same period last year. According to the channel, Deckers retail sales in the two quarter grew by 29.1% to 32 million 500 thousand US dollars, but sales in the same store dropped by 5.3%, and e-commerce revenue increased by 34.2% to 10 million 700 thousand US dollars. In the two quarter, Deckers's domestic revenue declined by 3% to $110 million 100 thousand, compared with $113 million 500 thousand last year, while international revenue fell 1.6% to 60 million US dollars, compared with $61 million a year ago. 
In the first quarter of fiscal year P, Deckers outdoor net sales amounted to US $263 million 800 thousand, an increase of 7.1 percentage points over the same period of 246 million 300 thousand US dollars in the same period last year. UGG sales increased by 7.9% to $170 million 600 thousand, compared with $158 million 100 thousand in the same period last year. Teva sales increased by 3.6% to 51 million 600 thousand dollars, compared with 49 million 800 thousand US dollars in the same period last year. Compared with other brands, Sanuk performance was poor and sales fell 4.4% to 30 million 900 thousand dollars, compared with 32 million 400 thousand dollars last year. 
Angel Martinez, chairman and chief executive officer of outdoor company P Deckers, said that although sales in the two quarter hit a new low, the spanformation period as Ugg brand is expected to improve in the second half of the year. 
 2013 annual forecast 
 because of the healthy development of e-commerce and direct business, Deckers has increased the whole year's expectation. The annual revenue growth is expected to increase from about 7% to 8%, and the diluted earnings per share also increased from 8% to 8%. With the advent of autumn and winter, the sales volume of UGG brand will increase significantly, thus driving the sales volume of the whole group to rise. It is estimated that the third quarter will grow by 2.5% over the same period, and the growth rate in the fourth quarter is expected to reach 14.5%. 
 Deckers was founded by a student of University of California-Santa Barbara in 1973. He started the manufacture and sale of cool a target= "_blank" href= "//www.sjfzxm.com/" > shoes < /a > on the West Coast handicraft fair. Deckers has now developed into a global company, and has 6 leisure brands: UGG Australia, Teva, Sanuk, Mozo, Ahnu and Tsubo.